Acquisition

ICSR Acquisition News – Arthur J. Gallagher & Co. Acquires ICSR

Jun 25, 2024 | By Team SR

ICSR announces that it has been acquired by Arthur J. Gallagher & Co. through its subsidiary Artex, the captive and alternative risk transfer solutions business. Kenneth Underhill and the existing team will continue to lead the business from their existing offices, reporting through to Paul Eaton, CEO Artex EMEA. All ICSR contact details remain unchanged.

SUMMARY

ICSR announces that it has been acquired by Arthur J. Gallagher & Co. through its subsidiary Artex,
ICSR was formed by Kenneth Underhill in 2017 to provide insurance firms with an alternative to the traditional consultancy model.

The Artex mission is to help its clients find better ways to reduce risk and grow their businesses by thinking differently, an ethos that is in complete alignment with the ICSR approach to help clients find pragmatic solutions to the design and delivery of the frameworks, controls and operating models critical to their business success.

RECOMMENDED FOR YOU

Acquisition

Squirro Acquisition News – Squirro Acquires Synaptica, A Strategic Fusion of Generative AI

Team SR

Jul 4, 2024

Acquisition

CUBE acquisition news -Regulation intelligence and change management provider Retech CUBE Acquired peer Reg-Room

Startup Rise EU

May 9, 2024

Acquisition

Holidu acquisition news – Vacation Rental Company Holidu Acquired Clubrural

Startup Rise EU

May 16, 2024

The acquisition will support the continued growth of the ICSR business and allow it to further enhance its reputation for helping a wide range of firms with the establishment, operation, remediation and transformation of their businesses. Alongside the work for its existing clients, ICSR will strengthen Arthur J. Gallagher & Co. and Artex capabilities in serving the needs of their clients undergoing regulatory and transformational change.

ICSR will deliver this growth in services through an investment in its team and pool of resources, bringing an even greater breadth and depth to the subject matter expertise available to support clients. What started as a pure compliance advisory firm now offers a significantly expanded range of service types on both an advisory and resourcing basis.

About ICSR

ICSR was formed by Kenneth Underhill in 2017 to provide insurance firms with an alternative to the traditional consultancy model. The firm comprises a mix of full-time staff and consultants, all of whom have significant experience working ‘in-house’ for insurance businesses.

About Arthur J. Gallagher

Arthur J. Gallagher, a global insurance brokerage, risk management, and consulting firm, serves communities around the globe, helping clients address risk, protecting assets, and recovering from losses. The products and services we provide keep businesses and institutions running, and enable individuals and families to face their future with confidence.

Arthur J. Gallagher & Co EU Startups ICSR